TORONTO, July 24,
2024 /CNW/ - Further to the announcement from
Fidelity Investments Canada ULC (Fidelity) on May 15, 2024, regarding proposed fund mergers and
terminations, Fidelity is announcing the results from its
securityholder meetings, held virtually on July 24, 2024.
Report of Voting Results – Proposed Mergers
|
Discontinuing
Funds
|
Continuing
Funds
|
Event
|
Vote
Result
|
|
Fidelity American
Equity Systematic Currency Hedged Fund
|
Fidelity American
Equity Fund
|
Tax-deferred
|
Approved
|
|
Fidelity Small Cap
America Systematic Currency Hedged Fund
|
Fidelity Small Cap
America Fund
|
Tax-deferred
|
Approved
|
|
Fidelity U.S. Dividend
Systematic Currency Hedged Fund
|
Fidelity U.S. Dividend
Fund
|
Tax-deferred
|
Approved
|
|
Fidelity U.S. Focused
Stock Systematic Currency Hedged Fund
|
Fidelity U.S. Focused
Stock Fund
|
Tax-deferred
|
Approved
|
|
Fidelity Women's
Leadership Systematic Currency Hedged Fund
|
Fidelity Women's
Leadership Fund
|
Tax-deferred
|
Approved
|
|
Fidelity Tactical
Strategies Fund
|
Fidelity Global
Balanced Portfolio
|
Tax-deferred
|
Approved
|
Pursuant to these approvals, on or around September 6, 2024 ("the Effective Date"),
securityholders in the discontinuing funds will automatically cease
to hold these securities and will become securityholders in the
respective continuing funds, as applicable. Investors in these
funds will be able to voluntarily switch into other Fidelity funds
or redeem their securities prior to the Effective Date. Investors
should note that there may be tax implications if they choose to
voluntarily switch into another Fidelity mutual fund.
Report of Voting Results - Terminations
|
Terminating Class
Fund
|
Vote
Result
|
|
Fidelity U.S. Growth
Opportunities Systematic Currency Hedged Class
|
Approved
|
Investors in Fidelity U.S. Growth Opportunities Systematic
Currency Hedged Class will be able to voluntarily switch into other
Fidelity mutual funds or redeem their securities prior to the
Effective Date. Investors should note that there may be tax
implications if they choose to voluntarily switch into another
Fidelity mutual fund.
About Fidelity
At Fidelity Investments Canada, our mission is to build a better
future for our clients. Our diversified business serves financial
advisors, wealth management firms, employers, institutions and
individuals. As the marketplace evolves, we are constantly
innovating and offering our clients choice of investment and wealth
management products, services and technological solutions all
backed by the global strength and scale of Fidelity. With assets
under management of $255 billion (as
at July 24, 2024), Fidelity
Investments Canada is privately held and committed to helping our
diverse clients meet their goals over the long term. Fidelity funds
are available through financial advisors and online trading
platforms.
Commissions, trailing commissions, management fees, brokerage
fees and expenses may be associated with investments in mutual
funds and ETFs. Please read the mutual fund's or ETF's prospectus,
which contains detailed investment information, before investing.
Mutual funds and ETFs are not guaranteed. Their values change
frequently, and investors may experience a gain or a loss. Past
performance may not be repeated.
Find us on social media @FidelityCanada
www.fidelity.ca
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SOURCE Fidelity Investments Canada ULC